Question 1:
Discuss and critically describe the short-run cost–output relations.
Question 2:
Write down the concise note on pure competition.
Question 3:
Illustrate out the term excess profit criterion.
Question 4:
Discuss and describe the numerous ways by which rival firms might react to change in price made by one firm.
Question 5:
Illustrate out the effects of taxation on the equilibrium of firm.
Question 6:
Write down the concise note on imperfect competition in factor market.